Fortified Wine Market Research Report - Global Forecast till 2027

Global Fortified Wine Market Research Report: Information by Type (Port, Sherry, Vermouth, and Others), Distribution Channel (Store-Based and Non-Store-Based), and Region (North America, Europe, Asia-Pacific, and RoW)– Forecast till 2027

ID: MRFR/F-B & N/2640-HCR | February 2021 | Region: Global | 110 pages

Please note that assessment period of report has been updated from 2019-2024 to 2020-2027. Cordially fill sample form for updated data.

Market Scenario 


The global fortified wine market is expected to garner a revenue of USD 14 billion by 2024 with a CAGR of approximately 1.2% during the forecast period, 2019–2024. Wine blended with a distilled spirit is known as fortified wine. The global fortified wine market is a mature market with little scope for high growth, especially in the developed countries in Europe and North America. Market players are expected to witness growth opportunities in the developing nations of Asia-Pacific, the Middle East, and South America. Surging demand for alcoholic beverages such as fortified wine in several social and public events is the major determinant driving the market growth in the developing countries. Increasing prices of fortified wine and decreasing per capita consumption volume are the crucial determinants hampering the growth of the global fortified market. Market players are introducing new and innovative flavors of fortified wine to cater to the changing consumer preferences and attain a larger customer base.


Segmentation


The global fortified wine market has been segmented based on type, distribution channel, and region.
By type, the global fortified wine market has been classified into port, sherry, vermouth, and others
By distribution channel, the global fortified wine market has been divided into store-based and non-store-based. The store-based segment is further segmented into supermarkets & hypermarkets, specialty stores, and others.
The global fortified wine market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
The North America fortified wine market has further been segmented into the US, Canada, and Mexico. The Europe fortified wine market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The fortified wine market in Asia-Pacific has been segmented into China, India, Japan, Australia & New Zealand, and the rest of Asia-Pacific. The fortified wine market in the rest of the world has been segmented into South America, the Middle East, and Africa.


Key Players


Bacardi Limited (UK), Davide Campari-Milano S.p.A (Italy), The Wine Group (US), E&J Gallo Winery (US), Anchor Brewing Company (US), Atsby Vermouth (US), Gancia (Italy), Imbue (US), Symington Family Estates (Portugal), Sogrape Vinhos, S.A. (Portugal), McWilliam’s Wines Group Ltd (Australia), Bodegas Lustau (Spain), and González Byass (Spain) are some of the key players in the global fortified wine market.


Regional Market Summary


Europe dominated the global fortified wine market in 2018 and is expected to maintain its dominance throughout the forecast period. The region’s dominance can be attributed to the high consumption of wine in the region. The major country-level markets contributing to the growth of Europe fortified wine market are France, Italy, Portugal, and Spain. These countries, including the US, account for nearly 70% of the revenue share of the global fortified wine market. The fortified wine market in Asia-Pacific is expected to register the highest growth rate during the forecast period owing to the increasing influence of western culture in the region and increasing consumption of wine in various social events.


Global Fortified Wine Market, by Type



  • Port

  • Sherry

  • Vermouth

  • Others


Global Fortified Wine Market, by Distribution Channel




  • Store-Based



    • Supermarkets & Hypermarkets

    • Specialty Stores

    • Others






  • Non-Store-Based




Global Fortified Wine Market, by Region




  • North America



    • US

    • Canada

    • Mexico






  • Europe



    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe






  • Asia-Pacific



    • Japan

    • China

    • India

    • Australia & New Zealand

    • Rest of Asia-Pacific






  • Rest of the World (RoW)



    • South America

    • Middle East

    • Africa




Intended Audience



  • Fortified wine manufacturers

  • Wine manufacturers, suppliers, and traders

  • Raw material suppliers

  • Retailers and wholesalers

  • Traders, importers, and exporters



Frequently Asked Questions (FAQ) :


Fortified wine market is projected to grow at a 1.2% CAGR between 2019-2024.

Europe is expected to dominate the fortified wine market.

Fortified wine market is predicted to touch USD 14 billion by 2024.

Different types of fortified wine include vermouth, sherry, port, and others.

Increasing production and introduction of innovative flavors are the key factors driving the fortified wine market.

TABLE OF CONTENTS

1. 1 EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Fortified Wine Market, by Type

1.1.2. Global Fortified Wine Market, by Distribution Channel

1.1.3. Global Fortified Wine Market, by Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Macro Factor Indicator Analysis

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. MARKET DYNAMICS

4.1. Introduction

4.2. Drivers

4.2.1. Driver 1

4.2.2. Driver 2

4.3. Restraints

4.3.1. Restraint 1

4.3.2. Restraint 2

4.4. Opportunities

4.4.1. Opportunity 1

4.4.2. Opportunity 2

4.5. Challenges

4.5.1. Challenge 1

4.5.2. Challenge 2

5. MARKET FACTOR ANALYSIS

5.1. Value Chain Analysis

5.2. Supply Chain Analysis

5.3. Porter’s Five Forces Model

5.3.1. Bargaining Power of Suppliers

5.3.2. Bargaining Power of Buyers

5.3.3. Threat of New Entrants

5.3.4. Threat of Substitutes

5.3.5. Intensity of Rivalry

6. GLOBAL FORTIFIED WINE MARKET, BY TYPE

6.1. Introduction

6.2. Port

6.2.1. Port: Market Estimates & Forecast, by Region/Country, 2020–2027

6.3. Sherry

6.3.1. Sherry: Market Estimates & Forecast, by Region/Country, 2020–2027

6.4. Vermouth

6.4.1. Vermouth: Market Estimates & Forecast, by Region/Country, 2020–2027

6.5. Others

6.5.1. Others: Market Estimates & Forecast, by Region/Country, 2020–2027

7. GLOBAL FORTIFIED WINE MARKET, BY DISTRIBUTION CHANNEL

7.1. Introduction

7.2. Store-Based

7.2.1. Store-Based: Market Estimates & Forecast, by Region/Country, 2020–2027

7.2.2. Supermarkets & Hypermarkets

7.2.2.1. Supermarkets & Hypermarkets: Market Estimates & Forecast, by Region/Country, 2020–2027

7.2.3. Specialty Stores

7.2.3.1. Specialty Stores: Market Estimates & Forecast, by Region/Country, 2020–2027

7.2.4. Others

7.2.4.1. Others: Market Estimates & Forecast, by Region/Country, 2020–2027

7.3. Non-Store-Based

7.3.1. Non-Store-Based: Market Estimates & Forecast, by Region/Country, 2020–2027

8. GLOBAL FORTIFIED WINE MARKET, BY REGION

8.1. Introduction

8.2. North America

8.2.1. Market Estimates & Forecast, by Type, 2020–2027

8.2.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.2.3. Market Estimates & Forecast, by Country, 2020–2027

8.2.4. US

8.2.4.1. Market Estimates & Forecast, by Type, 2020–2027

8.2.4.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.2.5. Canada

8.2.5.1. Market Estimates & Forecast, by Type, 2020–2027

8.2.5.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.2.6. Mexico

8.2.6.1. Market Estimates & Forecast, by Type, 2020–2027

8.2.6.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3. Europe

8.3.1. Market Estimates & Forecast, by Type, 2020–2027

8.3.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.3. Market Estimates & Forecast, by Country, 2020–2027

8.3.4. Germany

8.3.4.1. Market Estimates & Forecast, by Type, 2020–2027

8.3.4.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.5. UK

8.3.5.1. Market Estimates & Forecast, by Type, 2020–2027

8.3.5.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.6. France

8.3.6.1. Market Estimates & Forecast, by Type, 2020–2027

8.3.6.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.7. Spain

8.3.7.1. Market Estimates & Forecast, by Type, 2020–2027

8.3.7.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.8. Italy

8.3.8.1. Market Estimates & Forecast, by Type, 2020–2027

8.3.8.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.3.9. Rest of Europe

8.3.9.1. Market Estimates & Forecast, by Type, 2020–2027

8.3.9.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4. Asia-Pacific

8.4.1. Market Estimates & Forecast, by Type, 2020–2027

8.4.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.3. Market Estimates & Forecast, by Country, 2020–2027

8.4.4. China

8.4.4.1. Market Estimates & Forecast, by Type, 2020–2027

8.4.4.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.5. Japan

8.4.5.1. Market Estimates & Forecast, by Type, 2020–2027

8.4.5.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.6. India

8.4.6.1. Market Estimates & Forecast, by Type, 2020–2027

8.4.6.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.7. Australia & New Zealand

8.4.7.1. Market Estimates & Forecast, by Type, 2020–2027

8.4.7.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.4.8. Rest of Asia-Pacific

8.4.8.1. Market Estimates & Forecast, by Type, 2020–2027

8.4.8.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5. Rest of the World

8.5.1. Market Estimates & Forecast, by Type, 2020–2027

8.5.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5.3. Market Estimates & Forecast, by Region, 2020–2027

8.5.4. South America

8.5.4.1. Market Estimates & Forecast, by Type, 2020–2027

8.5.4.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5.5. Middle East

8.5.5.1. Market Estimates & Forecast, by Type, 2020–2027

8.5.5.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

8.5.6. Africa

8.5.6.1. Market Estimates & Forecast, by Type, 2020–2027

8.5.6.2. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9. COMPETITIVE LANDSCAPE

9.1. Introduction

9.2. Competitive Benchmarking

9.3. Development Share Analysis

9.4. Key Developments & Growth Strategies

10. COMPANY PROFILES

10.1. Bacardi Limited

10.1.1. Company Overview

10.1.2. Financial Overview

10.1.3. Products Offered

10.1.4. Key Developments

10.1.5. SWOT Analysis

10.1.6. Key Strategies

10.2. Davide Campari-Milano S.p.A

10.2.1. Company Overview

10.2.2. Financial Overview

10.2.3. Products Offered

10.2.4. Key Developments

10.2.5. SWOT Analysis

10.2.6. Key Strategies

10.3. The Wine Group

10.3.1. Company Overview

10.3.2. Financial Overview

10.3.3. Products Offered

10.3.4. Key Developments

10.3.5. SWOT Analysis

10.3.6. Key Strategies

10.4. E&J Gallo Winery

10.4.1. Company Overview

10.4.2. Financial Overview

10.4.3. Products Offered

10.4.4. Key Developments

10.4.5. SWOT Analysis

10.4.6. Key Strategies

10.5. Anchor Brewing Company

10.5.1. Company Overview

10.5.2. Financial Overview

10.5.3. Products Offered

10.5.4. Key Developments

10.5.5. SWOT Analysis

10.5.6. Key Strategies

10.6. Atsby Vermouth

10.6.1. Company Overview

10.6.2. Financial Overview

10.6.3. Products Offered

10.6.4. Key Developments

10.6.5. SWOT Analysis

10.6.6. Key Strategies

10.7. Gancia

10.7.1. Company Overview

10.7.2. Financial Overview

10.7.3. Products Offered

10.7.4. Key Developments

10.7.5. SWOT Analysis

10.7.6. Key Strategies

10.8. Imbue

10.8.1. Company Overview

10.8.2. Financial Overview

10.8.3. Products Offered

10.8.4. Key Developments

10.8.5. SWOT Analysis

10.8.6. Key Strategies

10.9. Symington Family Estates

10.9.1. Company Overview

10.9.2. Financial Overview

10.9.3. Products Offered

10.9.4. Key Developments

10.9.5. SWOT Analysis

10.9.6. Key Strategies

10.10. Sogrape Vinhos, S.A.

10.10.1. Company Overview

10.10.2. Financial Overview

10.10.3. Products Offered

10.10.4. Key Developments

10.10.5. SWOT Analysis

10.10.6. Key Strategies

10.11. McWilliam’s Wines Group Ltd

10.11.1. Company Overview

10.11.2. Financial Overview

10.11.3. Products Offered

10.11.4. Key Developments

10.11.5. SWOT Analysis

10.11.6. Key Strategies

10.12. Bodegas Lustau

10.12.1. Company Overview

10.12.2. Financial Overview

10.12.3. Products Offered

10.12.4. Key Developments

10.12.5. SWOT Analysis

10.12.6. Key Strategies

10.13. González Byass

10.13.1. Company Overview

10.13.2. Financial Overview

10.13.3. Products Offered

10.13.4. Key Developments

10.13.5. SWOT Analysis

10.13.6. Key Strategies

11. APPENDIX

11.1. General Sources & References

11.2. List of Abbreviation


LIST OF TABLES

Table 1 Global Fortified Wine Market, by Region, 2020–2027 (USD Million)

Table 2 Global Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 3 Global Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 4 North America: Fortified Wine Market, by Country, 2020–2027 (USD Million)

Table 5 North America: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 6 North America: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 7 US: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 8 US: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 9 Canada: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 10 Canada: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 11 Mexico: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 12 Mexico: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 13 Europe: Fortified Wine Market, by Country, 2020–2027 (USD Million)

Table 14 Europe: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 15 Europe: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 16 Germany: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 17 Germany: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 18 France: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 19 France: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 20 Italy: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 21 Italy: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 22 Spain: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 23 Spain: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 24 UK: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 25 UK: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 26 Rest of Europe: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 27 Rest of Europe: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 28 Asia-Pacific: Fortified Wine Market, by Country, 2020–2027 (USD Million)

Table 29 Asia-Pacific: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 30 Asia-Pacific: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 31 China: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 32 China: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 33 India: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 34 India: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 35 Japan: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 36 Japan: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 37 Australia & New Zealand: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 38 Australia & New Zealand: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 39 Rest of Asia-Pacific: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 40 Rest of Asia-Pacific: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 41 Rest of the World (RoW): Fortified Wine Market, by Country, 2020–2027 (USD Million)

Table 42 Rest of the World (RoW): Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 43 Rest of the World (RoW): Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 44 South America: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 45 South America: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 46 Middle East: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 47 Middle East: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)

Table 48 Africa: Fortified Wine Market, by Type, 2020–2027 (USD Million)

Table 49 Africa: Fortified Wine Market, by Distribution Channel, 2020–2027 (USD Million)


LIST OF FIGURES

FIGURE 1 Global Fortified Wine Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Fortified Wine Market

FIGURE 4 Value Chain of the Global Fortified Wine Market

FIGURE 5 Share of the Global Fortified Wine Market in 2020, by Country (%)

FIGURE 6 Global Fortified Wine Market, by Region, 2020–2027,

FIGURE 7 Global Fortified Wine Market Size, by Type, 2020

FIGURE 8 Share of the Global Fortified Wine Market, by Type, 2020–2027 (%)

FIGURE 9 Global Fortified Wine Market Size, by Distribution Channel, 2020

FIGURE 10 Share of the Global Fortified Wine Market, by Distribution Channel, 2020–2027 (%)